Polson Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 6.00 M
- Company Age 86 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 131.74 Cr
- Satisfied Charges ₹ 58.30 Cr
- Revenue Growth -14.18%
- Profit Growth -22.47%
- Ebitda -8.17%
- Net Worth 4.48%
- Total Assets -5.78%
About Polson
Polson Ltd (PL) was founded in India on 21 December 1938 and has a glorious history of 86 years and two months. Its registered office is in Kolhapur, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507645.
The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 6.00 M.
The company currently has active open charges totaling ₹131.74 Cr. The company has closed loans amounting to ₹58.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Polson Ltd India are Sampada Sawant as COMPANY SECRETARY and Sanjay Bhalerao as Cfo. Pravin Samant, Dhau Lambore, Sushila Kapadia, and Three other members serve as directors at the Company.
Company Details
- Location
Kolhapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L15203PN1938PLC002879
- Company No.
002879
- Stock Symbol
BSE : 507645
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Dec 1938
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
Chemicals and Materials
Who are the key members and board of directors at Polson?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sampada Sawant  | Company Secretary | 01-Jul-2017 | Current |
| Sanjay Bhalerao | CFO | 01-Feb-2016 | Current |
| Amol Kapadia | Managing Director | 29-Dec-1987 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajiv Agarwal | Director | 14-Aug-2018 | Current |
| Pravin Samant | Director | 01-Apr-2004 | Current |
| Dhau Lambore | Director | 12-May-2008 | Current |
| Sushila Kapadia | Director | 07-Mar-1981 | Current |
| Bhavin Sheth | Director | 30-Jun-2021 | Current |
Financial Performance of Polson.
Polson Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.18% decrease. The company also saw a substantial fall in profitability, with a 22.47% decrease in profit. The company's net worth moved up by a moderate rise of 4.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Polson?
In 2022, Polson had a promoter holding of 74.98% and a public holding of 25.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Coriander Industries Private LimitedAmol Kapadia is a mutual person
Darjeeling Power Private LimitedBhavin Sheth is a mutual person
- Polson Butter Private Limited
Dhau Lambore and Amol Kapadia are mutual person
- Europa Chemicals Asia Private Limited
Amol Kapadia is a mutual person
Chemo Pharma Laboratories LtdBhavin Sheth is a mutual person
Oriental Pharmaceutical Industries LimitedDhau Lambore and Amol Kapadia are mutual person
Charges (Loans)
Open Charges
₹131.74 Cr
Satisfied Charges
₹58.30 Cr
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 45.97 Cr
- Citi Bank N.A. : 40.00 Cr
- Citibank N. A. : 21.50 Cr
- Hdfc Bank Limited : 14.84 Cr
- Standard Chartered Bank : 4.50 Cr
- Others : 4.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Aug 2020 | Standard Chartered Bank | ₹9.28 M | Open |
| 30 Jan 2020 | Citi Bank N.A. | ₹5.00 Cr | Open |
| 20 Jan 2017 | Citi Bank N.A. | ₹3.00 Cr | Open |
| 07 Dec 2015 | Kotak Mahindra Bank Limited | ₹4.47 Cr | Open |
| 05 Sep 2014 | Citi Bank N.A. | ₹3.00 Cr | Open |
How Many Employees Work at Polson?
Polson has a workforce of 61 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polson, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Polson's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Polson
Recent activity within the organization
- Annual General Meeting
Polson Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Polson Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Charges
A charge registered on 25 Feb 2022 via Charge ID 100542790 with Others was fully satisfied on 03 Mar 2023.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100542790 was registered on 25 Feb 2022.
- Charges
A charge registered on 16 Feb 2015 via Charge ID 10550532 with Kotak Mahindra Bank Limited was fully satisfied on 01 Feb 2022.
- Charges
A charge registered on 11 Aug 2014 via Charge ID 10514334 with Kotak Mahindra Bank Limited was fully satisfied on 01 Feb 2022.
Frequently asked questions
What is the Incorporation or founding date of Polson Ltd?
Polson Ltd was incorporated on 21 Dec 1938.
What is authorized share capital and paid-up capital of Polson Ltd?
The authorized share capital of Polson Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 6.00 M.
Who are the current board members & directors of Polson Ltd?
Currently 8 directors are associated with Polson Ltd.
- Sampada Sachin Sawant
- Sanjay Shantaram Bhalerao
- Pravin Dayanand Samant
- Dhau Gangaram Lambore
- Sushila Jagdish Kapadia
- Amol Jagdish Kapadia
- Rajiv Ghanshyamdas Agarwal
- Bhavin Suryakant Sheth
What is the registered address of Polson Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Polson Ltd is Ambaghattallluka Shahuwadi, Kolhapur, Maharashtra, India, 415101.
What is the corporate identification number (CIN) and company number of Polson Ltd?
The corporate identification number (CIN) of Polson Ltd is L15203PN1938PLC002879 and the company number is 002879 as per Ministry of Corporate Affairs (MCA).
Is Polson Ltd registered with any stock exchange in India?
Yes, Polson Ltd is registered on Bombay Stock Exchange (BSE).
What is the official website of Polson Ltd?
The Official website of Polson Ltd is https://www.polsonltd.com
What has been the recent revenue trend for Polson Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Polson Ltd has fallen by -14.18%.
How many employees does Polson Ltd currently have?
As Per 2023 financial reports, 61 employees are currently employed by Polson Ltd.
What change has been observed in the net worth of Polson Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Polson Ltd has experienced an upsurge of 4.48%.
What are the total open charges for Polson Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Polson Ltd amount to ₹ 131.74 Cr.
When was the last Balance Sheet of Polson Ltd filed with the ROC?
The most recent Balance Sheet for Polson Ltd was filed with the ROC on 31 Mar 2023.
People also Viewed
Sudhir NevatiaDirectorHS
Haren SampatDirectorDK
Dayananda KunjanDirectorAB
Abhay BhaleraoDirectorNP
Nakul PatelDirectorJK
Jagdish KapadiaDirectorPN
Pradip NarayanDirectorCG
Chandrakant GupteDirector
Similar Companies Based on Specialty Chemicals
Himadri Speciality Chemical Limited Kolkata, West Bengal, India
Godrej Industries Limited Mumbai, Maharashtra, India
Dow Chemical International Private Limited Thane, Maharashtra, India
Covestro (India) Private Limited Navi Mumbai, Maharashtra, India
India Glycols Limited Udham Singh Nagar, Uttarakhand, India
Aarti Industries Ltd Valsad, Gujarat, India
Pidilite Industries Limited Mumbai, Maharashtra, India
Paradeep Phosphates Ltd Khorda, Odisha, India